Topeka, Ks is the capital city of Kansas and home to many businesses. Notable companies in the area include Payless ShoeSource, Westar Energy, Frito-Lay, Walmart, Dillons Food Stores, and Hallmark Cards. The city has a population of about 127 thousand people and offers relatively low housing costs compared to the national average. According to recent data, 2 bedroom rent in Topeka is $940 while the US rate is $1,430. Additionally, the grocery cost index for Topeka is 94 compared to 100 in the US. These economic advantages make Topeka an attractive living destination for those looking for a more affordable lifestyle.
Topeka has an unemployment rate of 3.9%. The US average is 6.0%.
Topeka has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 23.9%, which is lower than the US average of 33.5%.
Tax Rates for Topeka
- The Sales Tax Rate for Topeka is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Topeka is 5.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Topeka
- The average income of a Topeka resident is $24,155 a year. The US average is $28,555 a year.
- The Median household income of a Topeka resident is $50,870 a year. The US average is $69,021 a year.